EURUSD falls below key floor support and the 38.2% retracement ...Middle East

Technically, the prices also making a key break below support.

A closer risk level would be the broken 38.2% retracement of the trend move up from the March 27 well. That level comes in at 1.27505. Staying below that level gives the sellers a go-ahead to push lower.

The next key target would be the 50% midpoint at 1.11509. If the sellers are to restart their control, getting to that level is a level to aspire toward.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about eurusd falls below key floor support and the 38 2 retracement was published today ( Thursday 08/05/2025 - 07:49 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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